The top federal prosecutor in the state vowed on Monday to use aggressive investigative techniques traditionally deployed against organized crime to root out financial fraud.
U.S. Attorney David Fein said on Monday that investigators would use informants, wiretaps and computer surveillance as it steps up investigations of investor fraud with a new task force.
Fein said the effort has already resulted in prosecutions of 11 defendants in recent months charged with schemes that resulted in the theft of more than $56 million from more than 200 investors.
Fein says the task force is actively investigating insider trading, market manipulation, Ponzi schemes, embezzlement and other issues.
Fein announced Connecticut's role in "Operation Broken Trust," a nationwide initiative targeting investment fraud.
Fein says anyone wanting to report securities fraud can email the FBI at firstname.lastname@example.org or call, toll free, (855) 236-9740.